Estate Planning as a Career

The Inheritance Windfall an Urban Legend

Economists, financial advisors, even government tax collectors all agree, the greatest generation were a pack of savers. As they pass away over the next 5-20 years will leave behind Trillions of dollars in wealth. Estimate figures range from 1 to 14 Trillion, I have just assumed Trillion(s). Will they leave their hard saved fortunes to their free spending Baby Boom kids? Or will they endow charities, arts, or grandkids?

In my (more…)

Wealth Management

When was the last time you saw a magazine article where a financial planner states “Boomers are not saving enough for retirement!” Even if this message is true, it is extremely self-serving of the financial planning community to continue to beat this drum to sell their services? Fear sells, and it is never a bad idea to save more money, so true or not, the boomers should heed this message.

The financial press has bemoaned the fact that America has (more…)